Intuit Quickbooks Payments vs Stripe

Intuit, a trailblazer in the industry established in 1983, introduced Quickbooks as a payment processing solution that epitomizes financial innovation. Renowned for pioneering business solutions, Intuit made it possible to integrate Quickbooks payments with various other products to streamline business operations through credit card processing. This comprehensive service facilitates diverse payment methods, including major credit cards, ACH payments, and digital wallets like Apple Pay and Google Pay. They also partnered with Shopify for a full inclusive migration with their POS systems for in-person transactions. They provide a holistic business approach through their integration capabilities with over 750 popular third-party business applications. Merchants can opt for instant deposits with a 1.75% additional fee for various payment types or enjoy instant deposits with a QuickBooks checking account. The company's commitment to security shines through partnerships with leading PCI service providers, instilling user confidence. While users commend their services, considerations include potential drawbacks like higher processing fees and funding delays. Quickbooks Payments lack a personal BBB profile and are unified under Intuit. Although negative customer experiences exist because of delayed payments and slow customer service, QuickBooks Payments boasts a commendable G2 rating of 4.2 out of 5, highlighting user satisfaction. QuickBooks offers diverse options for sales inquiries and support, emphasizing their dedication to customer assistance.
 

Stripe is a merchant services provider that offers payment processing solutions for businesses of all sizes. They offer both merchant accounts and related services, including payment gateways, online transaction processing, point-of-sale (POS) systems, and credit card readers. Stripe is a payment processor that allows business owners to accept payment from a variety of methods or sources, including mobile wallets and "buy now, pay later" services. The company offers lots of additional services, including billing, invoicing, and sales tax automation. Stripe is renowned for its straightforward pricing model, where a flat rate is charged per transaction. It is a preferred option for businesses that predominantly operate online, as its distinctive features are primarily tailored toward enhancing online sales. Stripe is accredited with the BBB and has an A+ rating with them, but they have an average review score of 3.1/5 on Trustpilot. Their website offers two service options: an integrated "pay-as-you-go" plan that charges 2.9% +30¢ per card charge or a customized plan that involves interchange-plus pricing for businesses with higher volumes. Prospective clients must contact sales to discuss pricing for the latter plan.